[Bond Investment Guide] How to Buy Bonds in Hong Kong?

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Foundation Bonds 04286 Guaranteed Returns 3.5cm! How do you get up to 11 free orders?

QiQian Bonds 04286 Live Quote

What are Government Endowment Bonds

Infrastructure Bonds (Foundation Bonds) is a new scheme of the Government of Hong Kong in the 2023 2024 fiscal budget for the construction of infrastructure facilities.debenturesThe pooled funds will go into the Government's Engineering Reserve Fund to support a wide range of infrastructure projects, including port and airport development, construction, civil engineering, roads and new towns and cities.

Government Infrastructure Bonds will be available for purchase by Hong Kong residents on November 26, with a target of HK$20 - 25 trillion, HK$0.01 million each, for a period of 3 years, with a one-time payment of interest every six months, the interest rate will be dependent on local traffic, and the guarantee period will not be less than 3.5cm.

The highest price to buy QiQi Bonds Full Futu11Free
From November 26 to December 6, up to 11 free offers can be obtained immediately upon purchase of Government Infrastructure Bonds at Futu. You will be entitled to receive the maximum number of free offers: Purchase execution fee, application renewal fee, Dull Plate Trading Platform usage fee, Listed Trading Gold (for one year free of charge, Trust fee, Transfer fee, accrual fee, inactive fee, warehouse fee, and due return fee!Learn more >>

Government Infrastructure Bonds InformationNews and Timetable

Subscription Period

26 November to 6 December

Listing Date

18 December

Subscription Eligibility

Holds a valid Hong Kong identity card

Guaranteed ROI

3.5 cm

Year Period

3 years

Dividends

Once every six months

per hand

0.01 million HKD

Target Issuance

200 -25 billion HKD

Purchase Schedule of Infrastructure Bonds
Purchase Schedule of Infrastructure Bonds

Interest Determination Mechanism

  • Interest will be paid once on each payment date, i.e. the end of every 6 months. The applicable annual interest rate on that payment date will be determined and published on the relevant interest rate determination date.

  • The relevant annual interest will be determined and published on the date of interest determination as the following higher: -

    • If, on the date of determination of the relevant interest rates, the CPI will be compiled and published according to the results of the latest Survey of Residential Expenditure Expenditures Statistics under the Government Statistics of the current Hong Kong Regional Government, calculated on the basis of the results of the latest Residential Expenditure Expenditure Statistics Survey, calculated by the average value of the annual rate for the next 6 months (correct to two points after the lower number);

    • Fixed rate, 3.5 cm.

Profit=Year×Amount of Bonds Hold×Number of half-years/365

How to Purchase Infrastructure Bonds with Futu

Futubull Futubull App > Market Research > Hong Kong Stock > New Equity Center Find Infrastructure Retail APP > Market Research > Hong Kong Stock > New Equity Center Find Infrastructure Retail Bonds and make purchases.

Note: Applicants purchased by Futu must have a Futuity Securities Account. Underlying Retail Bonds purchased with Futu Securities may not be redeemed in advance, but may only be sold or returned on the secondary market.

Open a Futu Securities Account on time, with an immediate bonus of more than USD,Learn more >>

Qiqiao Bonds 2024

Q1 What are the benefits of purchasing Infrastructure Retail Bonds in Futu?

Futu offers free offers for up to 11 items. The deductible fee includes: Purchase Handling Fee, Application Handling Fee, Dull Trading Gold, Dull Plate Trading Platform Usage Fee, Listing Trading Money (applicable to one person free of charge), Trust Fees, Transfer Fees, Proxy Proceeds Fees, Real Estate Fees, Storage Fees and Term Return Fees.

Q2 How can I purchase Infrastructure Retail Bonds through Futu?

Provide the standard purchase method through Futu Securities Purchasing. Customers can use Cash, Cash+FutuFinance or FutuFinance to purchase. FutuFinance includes Account Overdraft Amount and Hold Positions Stock Stocks.

Q3 Will there be a profit when using Futu Finance to participate and purchase?

The use of Futu Financing will not generate financial capital when using Futu Funding and Procurement. After the expiry of the payment, the deposit can be credited to the current account regardless of the purchase amount, will use the Futu Finance on the day of the deposit and generate FutuFinancial Income. These percentages are based on the financial account month, the HKD direct interest rate and the HKD equity account rate (usually 6.8% per annum. In fact, please refer to the page as well as the reference list, and borrow from time to time. The deposit will not be profitable at the same time as a supplement to the required amount of money.

Q4 Where should I purchase Infrastructure Retail Bonds?

Once you have started buying, you can go to Futubull App > Market Cap > Hong Kong Stock > New Stock Center > Find Infrastructure Retail Securities App > Market Cap > Hong Kong Stock > New Stock Center > Infrastructure Retail Securities Bonds and proceed with the purchase. Note: Applicants purchased through Futu must hold a Futui Securities Account.

Q5 When will Futu stop buying retail bonds for this infrastructure? When will my account be debited?

Regarding the purchase of retail bonds for this infrastructure construction, Futu's open call period is: from 10:00 a.m. on November 26, 2024 to 6:30 a.m., December 12, 2024, Futu General has approved a joint submission strategy, while all applications submitted before 09:00 on the previous day of issue will begin at 09:00 Applications issued in the period 09:00-10:30 will be deducted from 10:30.

All subscription applications can only be modified or revoked before the start of the debit.

Q6. Where do I go to see the tab results?

Subscription rate, purchase and distribution results are expected to be announced before December 17. You can check the purchase results by going to Futui Beef FutuBullApp-Market Market New Share Centre-Acquisition Record.

Q7 Do I have money market funds, can I purchase immediately?

By selecting the “Return” button on the Funds page, you can purchase Fundamentals Retail Bonds immediately. If you have turned on the automatic return function of money market funds, you do not need to select the “Return” button to order it immediately, and the system will help you to return it automatically.

Q8 Can Infrastructure Retail Bonds Be Drunk Traded? Trade time is?

Yes, the infrastructure cache time is: 16:15 ~ 18:30 on December 17, 2024.

Q9 How long is the issuance period for Infrastructure Retail Bonds?

3 years, every 6 months

Q10 What is the lower interest rate on Infrastructure Retail Bonds?

Guaranteed interest rate 3.5%, once every 6 months at the end of each month. The underlying retail bonds will be sold at 100% of the cash equivalent of the bonds, so that the operating interest rate is the same as the yield on the bonds. The annual interest rate usage calculation (3.5% is the difference) with the average hook and the higher operator acting as the actual interest rate.

Q11 How are Infrastructure Retail Bonds calculated?

Underlying Retail Bonds The interest payable on any bond at any given interest period is calculated at the annual interest rate, multiplied by the actual number of days elapsed in the interest period, and subtracting from 365 days (half a cent to two digits). Actual date count: Each day of issue or any day of the party (including the day leading up to the next party day) does not include the day before. For example: If you hold 1 Infrastructure Construction Retail Bonds, calculated at an interest rate of 3.5% per annum, on the first reporting week: Issue date from December 17, 2024 (including the current day until the next holiday date June 17, 2024 (excluding current date, the interest is calculated as: 3.5% * 10000 * 182/365 (entered on May 4, 2015) 2-digit number, final profit of HK$174.52

Q12 What are the allocation rules for building retail bonds?

Fundamentals for Retail Bond Distribution Mechanism can be applied by a small number of investors. The target of issuance of retail bonds for this time is HK$20 billion.

Scenario 1

The total amount of valid applications is not more than HK$20 billion

100% Eligible Applicants are eligible

Scenario 2

More than 2 million valid applications

Issuance of bonds in the form of abstracts, and each customer gets one hand of the bonds (HK$0.01 million)

Scenario 3

The number of valid applications is less than 2 million copies, but the total number of valid applications is more than HK$20 billion

Set up the circulation of the Issuance Bonds as follows: 1. Issuance of first hand (HK$0.01 million) First Hand (HK$0.01 million) for all qualified applicants 2. Use a number of authorized hands to apply for the issuance of second-hand bonds to investors with two or more hands 3. Applying for third party bonds to be issued by third or more investors should be allowed to apply for third party Bonds 4. If this type does not need to be followed by a distribution loop directly to the number of hands, the number of hands will be distributed in the form of an abstract analogy

* As a general rule, not all duplicate application averages are valid. Investors may apply only through one Selling Bank or Securities Broker.

Q13 What qualifications do I need to purchase Infrastructure Retail Bonds?

Individual investors with a valid Hong Kong identity card can purchase. Each person may submit only one application for Bonds, and all duplicate applications will be inadmissible, and all applications will be deemed invalid. * Non-permanent residential Hong Kong customers with a Hong Kong identity card can participate in the purchase of Retail Bonds for Infrastructure Construction. *Cannot be purchased by people in the United States and Canada

Q14 Can Infrastructure Retail Bonds be refunded in advance?

Underlying Retail Bonds purchased through Futu Securities cannot be redeemed ahead of time, but can only be sold through the Tier II market or returned over the term.

The above FAQ is for reference only, Futu has no legal liability for this contract. You may refer to it at any time.Release Information

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Disclaimer:

This content is not and should not be regarded as an invitation, solicitation, invitation or recommendation to buy or sell any investment products or the basis for investment decisions, nor should it be construed as professional advice. Before making any investment decision, investors should fully understand the risks and the relevant legal, tax and accounting perspectives and consequences, and decide based on their personal circumstances whether the investment is suitable for their personal financial situation and investment objectives, and whether they can afford it. Appropriate professional advice should be sought where necessary regarding the risks.

The information from third parties displayed on the Futu application, website and event pages is for reference only and does not constitute any recommendation.

The above content does not represent any position of Futu and does not constitute any investment advice related to Futu. Before making any investment decision, investors should consider the risk factors related to investment products based on their own circumstances and seek professional investment advice when necessary. Futu tries its best but cannot confirm the authenticity, accuracy and originality of the above content, and Futu does not make any guarantee or commitment in this regard.

"Futubull" is a one-stop financial investment and trading platform. The securities trading service is provided by Futu Securities International (Hong Kong) Limited.

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